Type
Business expansion
Country
Germany
Region
Location of affected unit(s)
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.10 - Manufacture of motor vehicles

4,000 jobs
Number of planned job creations
Job creation
Announcement Date
11 March 2015
Employment effect (start)
11 March 2015
Foreseen end date
31 December 2015

Description

German car manufacturer Audi is to create 4,000 jobs in Germany in 2015. In addition to that, the company intends to also create 2,000 jobs in other countries.

Audi has benefited from an increase in turnover of 8% to €53,8 billion in 2014 and expects further growth for the coming years. Until 2019, Audi wants to invest more than €24 billion into new models and the company's infrastructure including setting up new plants. The company also wants to offer more cars with alternative gears.

Audi is a large manufacturer of premium cars and belongs to the Volkswagen group. The company currently employs around 80,000 people worldwide.The company has consistently increased staff numbers over the past years. In the past three years alone Audi has created 5,500 jobs in Germany (see Audi-01/2012, Audi-06/2012, Audi-2013 and Audi-2014). 


Sources

  • 11 March 2015: Stuttgarter Zeitung
  • 11 March 2015: Nürnberger Nachrichten
  • 11 March 2015: Stuttgarter Nachrichten Online

Citation

Eurofound (2015), Audi, Business expansion in Germany, factsheet number 78768, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/78768.